NorthRock Partners LLC Boosts Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

NorthRock Partners LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 60.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,658 shares of the exchange traded fund’s stock after purchasing an additional 3,652 shares during the period. NorthRock Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $404,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EEM. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1,724.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after purchasing an additional 7,883,989 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after purchasing an additional 3,203,501 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 233.0% during the 4th quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock valued at $114,532,000 after purchasing an additional 1,916,377 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $67,244,000. Finally, Allstate Corp bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $58,336,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.1%

EEM opened at $46.26 on Friday. The firm has a 50-day simple moving average of $43.49 and a two-hundred day simple moving average of $43.34. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44. The company has a market capitalization of $17.42 billion, a PE ratio of 13.99 and a beta of 0.63.

iShares MSCI Emerging Markets ETF Profile

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).